OFF MARKET

2A Railway Street
Peterborough SA 5422

Bedrooms: 7
Bathrooms: 7
Car spaces: -
Land area: 1817m2
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Last updated 16 Sep 2024
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Property Details for 2a Railway St, Peterborough

2a Railway St, Peterborough is a 7 bedroom, 7 bathroom Unit. The property has a land size of 1817m2.

Building Type
Unit
Land Size
1817m2
Local Government
Peterborough

Last Listing description (April 2022)

Situated in the town of Peterborough this 3.5 star rated motel is ideally located just off the main street, right in the centre of town close to hotels and shopping.

Improvements include:

7 quality ensuite motel units with at door guest parking. Each unit equipped with reverse cycle split system air conditioning and newly installed individual instant gas hot water systems.

Reception/office area attached to managers residence/flat comprising 1 bedroom with ensuite bathroom, lounge, kitchen/meals, living area/sunroom and private entertaining area.

Fully fenced in ground swimming pool and fully equipped undercover camp kitchen/ BBQ area.

Good size land holding with secure, well-maintained grounds, ample water provided by good quality onsite bore plus the advantage of natural gas connected to the property.

Additional features of the property include 2 individual 8 panel solar systems on each of the buildings (motel unit block and managers residence) plus a substantial on-site commercial size laundry.

Fantastic Business/Lifestyle Opportunity for Owner Occupier/Couple

Genuine sale - Owner looking to retire

For further information contact:
Nutrien Harcourts Peterborough 08 8651 2009
Jeff Oakley 0417 850 702 Gerda 0427 188 316
RLA 102485

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Property History for 2a Railway St, Peterborough, SA 5422

A timeline of how this property has performed in the market
  • 06 Jul 2020
    Listed for Sale $425,000
  • 23 Nov 2017
    Listed for Sale $380,000 plus GST
  • 14 Dec 2016
    Listed for Sale $380,000 plus GST
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About Peterborough 5422

The size of Peterborough is approximately 37 square kilometres. It has 13 parks covering nearly 3.8% of total area. The population of Peterborough in 2011 was 1,486 people. By 2016 the population was 1,507 showing a population growth of 1.4% in the area during that time. The predominant age group in Peterborough is 60-69 years. Households in Peterborough are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Peterborough work in a labourer occupation. In 2011, 77.7% of the homes in Peterborough were owner-occupied compared with 73.9% in 2016.

Peterborough has 1,325 properties. Over the last 5 years, Houses in Peterborough have seen a 154.68% increase in median value. As at 31 August 2024:

  • The median value for Houses in Peterborough is $181,568 while the median value for Units is $219,403.
  • Houses have a median rent of $250.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Peterborough on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Peterborough.

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